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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
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Share Price: 73.96
Bid: 73.96
Ask: 74.00
Change: -0.22 (-0.30%)
Spread: 0.04 (0.054%)
Open: 73.88
High: 74.42
Low: 73.74
Prev. Close: 74.18
VOD Live PriceLast checked at -

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Sector movers: M&A hopes lift telecoms as BT and Vodafone gain

Wed, 26th Nov 2014 14:26

Continuing bid speculation pushed stocks in the telecoms sector higher on Wednesday with heavyweights BT and Vodafone both on the rise.BT, up 2.4% by late afternoon, was extending recent gains after it was confirmed that the fixed-line telecoms provider was in talks with at least two groups about buying their UK mobile phone networks.While BT had previously announced it was in discussions with Telefonica, which owns O2, Deutsche Telekom and Orange confirmed on Wednesday that they were also in talks with the group about selling their EE joint venture.Analysts estimated that EE could potentially be worth £10bn.Numerous other rumours surround the sector, including that Vodafone may acquire TalkTalk or may merge with Sky or may merge with Liberty Global, or that Sky may buy a UK mobile operator, though Sky and Vodafone are already in a trial partnership in a quad-play deal.As broker Charles Stanley said, these "are not new ideas, but are being resuscitated".Nevertheless, analyst Tom Gidley-Kitchin said BT's confirmation that it was in discussions has "generated speculation over whether a deal might happen and, more significantly, about whether it trigger off further, reactive mergers".He said: "Most national telecom markets are seeing a process of convergence, whereby telecom companies are offering, and customers are looking for, a combined bundle of (some or all of) fixed, mobile, broadband and TV services."Regarding Vodafone, whose shares were up 1%, Gidley-Kitchin said an acquisition of Sky would be a "very large move" for the group and could cause a number of competition issues."However, an enhanced partnership with Sky could be mutually beneficial and not necessarily anti-competitive," he said. Top performing sectors so far todayFixed Line Telecommunications 4,608.73 +2.20%Electricity 9,995.12 +1.12%Mobile Telecommunications 5,086.81 +0.66%Food Producers & Processors 8,113.76 +0.60%General Retailers 2,831.26 +0.33%Bottom performing sectors so far todayIndustrial Metals & Mining 1,513.13 -6.75%Automobiles & Parts 7,858.24 -1.23%Travel & Leisure 7,649.59 -1.14%Forestry & Paper 11,514.58 -1.02%Oil Equipment, Services & Distribution 20,031.11 -0.77%
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18 Dec 2023 07:59

Iliad invites Vodafone to merge their Italian operations

PARIS, Dec 18 (Reuters) - Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding this project had the unanimous support of its board of directors.

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15 Dec 2023 18:59

Iliad wants to finalise JV proposal for Vodafone Italy by end-January -sources

LONDON/MILAN, Dec 15 (Reuters) - French telecoms group Iliad wants to finalise a proposal to Vodafone Italy to combine their Italian operations in a joint venture by the end of January, two sources briefed on the matter said.

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14 Dec 2023 10:44

Sumitomo partners with Vodafone and Deloitte to speed up global trade

(Alliance News) - Sumitomo Mitsui Financial Group Inc and Vodafone Group PLC will team up with Deloitte and Nexxiot to support global autonomous freight handling, the firms announced on Thursday.

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13 Dec 2023 17:07

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12 Dec 2023 18:06

UK may ban some mid-contract mobile and broadband price hikes

LONDON, Dec 12 (Reuters) - Britain's telecoms regulator proposed banning inflation-linked price rises in the middle of customers' broadband and mobile contracts, saying the practice was unfair on consumers and hampering competition.

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12 Dec 2023 16:55

LONDON MARKET CLOSE: Europe rally loses steam as focus turns to Fed

(Alliance News) - London's FTSE 100 spent most of the day solidly in the green, and the CAC 40 in Paris spiked to a record high, though Tuesday's rally waned and signs of caution emerged again ahead of a trio of central bank decisions.

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12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

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12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

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12 Dec 2023 10:59

BT shares fall as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell more than 4% on Tuesday after Britain's telecom regulator proposed a ban on inflation-linked price rises in the middle of customers’ mobile and broadband contracts.

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12 Dec 2023 10:37

UK telecom regulator eyes ban on inflation-linked contract price hikes

(Alliance News) - The UK telecommunications industry regulator on Tuesday said it wants to ban price hikes linked to inflation from customer contracts.

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12 Dec 2023 09:58

UK regulator seeks to ban telecom firms' inflation-linked mid-contract price hikes

LONDON, Dec 12 (Reuters) - Britain's telecom regulator Ofcom proposed banning inflation-linked price rises in the middle of customers’ mobile and broadband contracts, saying that the practice was unfair on consumers and hampering competition.

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12 Dec 2023 09:28

BT shares dip as regulator eyes ban on inflation-linked price hikes

Dec 12 (Reuters) - BT Group shares fell over 4% on Tuesday, with traders linking the drop to British communications regulator Ofcom proposing a ban on mid-contract price hikes linked to inflation.

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12 Dec 2023 08:48

Ofcom proposes ban on inflation-linked price rises

(Sharecast News) - Telecom firms were in the red on Tuesday, as the sector's regulator proposed a ban on inflation-linked mid-contract price rises.

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7 Dec 2023 16:59

LONDON MARKET CLOSE: Stocks mute as eyes turn to US jobs data

(Alliance News) - Stock prices across Europe were muted on Thursday, as investors cautiously eye the next set of US jobs data.

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